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Belmont Estates, VA

Full City Profile · Virginia · Harrisonburg city County

4.1 /5.0
A Great
1,037 Population 1,571/sq mi density
$95,900 Median Income $47,314 per capita
$398,000 Home Value $354,525 Zillow
54°F Avg Temperature 302 sunny days/yr
A
Overall
4.1 / 5.0
Strong
A+
Economy
4.9 / 5.0
$95,900 median income, 0.0% unemployment
A
Affordability
4.3 / 5.0
$398,000 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
4.6 / 5.0
45.4% bachelor's degree or higher

Housing Overview

Median Home Value
$398,000
41% above
US avg: $281,900
Homeownership Rate
96.1%
47% above US avg (65.4%)
Total Housing Units
471
Median year built: 1993

Home Value by Source

Census Median
$398,000
Zillow (ZHVI)
$354,525
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

96.1%
Owner-Occupied
3.9%
Renter-Occupied
96%
4%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo

Affordability & Housing Stock

Rent Burden
28.6%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1993
Average age of housing stock: 33 years
Homeownership Rate
96.1%

Complete Housing Data

Home Values

Census Median Value$398,000
Zillow Home Value (ZHVI)$354,525

Rent

FMR Studio$1,137
FMR 1-Bedroom$1,181
FMR 2-Bedroom$1,369
FMR 3-Bedroom$1,787
FMR 4-Bedroom$2,126

Market

Ownership & Stock

Owner-Occupied96.1%
Renter-Occupied3.9%
Homeownership Rate96.1%
Total Housing Units471
Median Year Built1993
Rent Burden28.6%